£207,793
This estimated value is based upon the latest sale price for the house of £114,000 on 19 Feb 2009. This value is then adjusted by the current Official House Price Index for GLOUCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 19 Feb 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 sq feet |
This model uses changes in the Official Land Registry House Price Index for GLOUCESTERSHIRE to estimate the market value.
When this house was purchased in February 2009 the House Price Index for GLOUCESTERSHIRE was 80.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.275%.Applying this 82.275% change to the original purchase price of £114,000 results in an estimated price of approximately £207,793.
| 19 Feb 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 146.7 | 82.275 % | £114,000 | £93,793 | £207,793 |
The Postcode Pricing Model uses changes in average sales price within the GL2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 134.132 % | £152,910 | £266,910 |
| 3 Month Average | 82.748 % | £94,333 | £208,333 |
| 6 Month Average | 79.770 % | £90,937 | £204,937 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 3 Aug 2018.
The average size of a house on HEMPSTED LANE is 141 sq meters (1,518 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Newark Court |
| Jan 2024 | Anti-social behaviour | On or near Newark Court | |
| Jan 2024 | Anti-social behaviour | On or near Newark Court | |
| Jan 2024 | Anti-social behaviour | On or near Newark Court | |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Newark Court |